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29Oct/090

Foreclosure Costs: Get paid to leave

Basically, as people are evicted from their house they are destroying it for the banks in "retaliation." This is what people do to property:

  • put concrete in the toilet
  • break the granite
  • destroy the carpet
  • unwire the electrical boxes
  • break the heater and A/C unit
  • break the water heater
  • destroy the wood (cabinetry and floors)
  • destroy the condenser

At least the prior owners were trying to jump start the economy by forcing the banks to spend money on replacing these products.

In this regard i can think of a few other things to help turn the foreclosures into an economic boost. Buy a single 1 gallon can of bright orange paint and put "X"s on all the wall, ceilings, and doors. Then dab a small on parts of window and door frames,. Messing up sections of fences, garage doors, dry wall, and insulation. Take a ball hammer to all tiles. Destroy the garbage disposal and sump pump. Block off any radon and exhaust vents with epoxy or concrete. Block up the chimney. Cut out a long section of the telephone wires outside. Scratch or sand paper all the windows. Epoxy the locks. Remove and toss all the doors. Admittedly, this is extreme and I don't recommend anyone do any of these things. This is a form of economic violence with which I do not agree. Despite this, you should capitalize on others doing it.

All this said, lenders are now offering $1k to $3k to lendees to peacefully leave. Be sure to get this statement IN WRITING or they will screw you again. They offer $1k - $2k if you clean up a bit before you leave and up to $3k if you leave within a week as well. To me, this is cheap given the damage people could do to their homes before they leave. Banks could easily spend $25,000 to fix the damage a miffed person could inflict on a house. This bribe money may increase if this phenomenon expands and damage increases.

Lastly, some people put excrement in the halls.

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